(Reuters) — Cargill Inc. reported a net quarterly loss on one-time charges and lower profit in three of its four business segments, citing an economic slowdown in emerging markets.
It posted a net loss of $51 million for the fiscal fourth quarter ended May 31, compared with a profit of $376 million a year earlier.
Revenue fell 22 percent to $28.4 billion from $36.2 billion.
Large global crop stockpiles limited price volatility and reduced trade volumes and high cattle prices limited profits in its meat business.